Of all the TRID-related questions that have left you scratching your head, it’s probably safe to say that construction loans have given you the biggest headache!
We want to help! We’ve put together a construction loan packet that will guide you through the process. It includes:
1) An article that summarizes some of the key points that come into play when disclosing construction loans. It also includes a discussion of the CFPB’s construction webinar;
2) A sample Loan Estimate and Closing Disclosure for a construction only loan; and,
3) A key to help explain some of those REALLY confusing requirements.
This information is available now on the Free Downloads Page of our website.